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UK Inflation Drops Unexpectedly, Eyes On US CPI Report

UK Inflation Drops Unexpectedly, Eyes On US CPI Report

CPI inflation in the UK fell unexpectedly in December, reaching 2.5% and surprising financial market analysts. The figure could give the Bank of England (BoE) some space to cut interest rates in its February meeting. The British pound fell just after the report’s release but regained ground quickly against the US dollar.Economists will focus today […]
Wells Fargo Reports Strong Q4 Performance With $5.1 Billion Net Income

Wells Fargo Reports Strong Q4 Performance With $5.1 Billion Net Income

Image Source: Pexels  Wells Fargo & Company (NYSE: WFC) reported a robust performance for the fourth quarter of 2024, culminating in a year marked by significant progress. The company achieved a net income of $5.1 billion, translating to $1.43 per diluted share. This represents a substantial increase from the $3.4 billion, or $0.86 per share, reported in the […]
Technical Analysis Is Not Voodoo, Its Vital Context

Technical Analysis Is Not Voodoo, Its Vital Context

If you draw enough lines on a stock chart, one of them is bound to predict the future accurately! Given that technical analysis is perfect in hindsight and flawed in foresight, many investors mock it as arbitrary. Some, like Aaron Brown, link its practice with horoscopes, tarot cards, and crystal balls.  The difference between science […]
Sharp Move Coming? Will This Bear Market Leading Indicator Work In 2025?

Sharp Move Coming? Will This Bear Market Leading Indicator Work In 2025?

Image Source: Unsplash  Watch the video from the WLGC session on 14 Jan 2025 to find out the following: How to use the this leading indicator to “predict” the S&P 500 movement. How to adopt the structure analysis in 2019 and 2022 in the current S&P 500 structure. The subtle weakness in the current market based on the […]
U.S. Futures Steady Ahead Of December CPI And Bank Earnings As Markets Weigh Fed Policy Outlook

U.S. Futures Steady Ahead Of December CPI And Bank Earnings As Markets Weigh Fed Policy Outlook

Image source: Pixabay  Wednesday’s uptick in U.S. stock futures underscores a market that continues to balance cautious optimism with lingering macroeconomic concerns. Following Tuesday’s gains for the Dow (+0.52%) and S&P 500 (+0.11%), and the Nasdaq’s slight pullback (-0.23%), investors are now firmly focused on the December consumer inflation report.This upcoming release stands to either reinforce […]
Daily Market Outlook – Wednesday, Jan. 15

Daily Market Outlook – Wednesday, Jan. 15

Image Source: Pixabay  In Asia, stocks had a mixed performance. The MSCI index tracking Asia-Pacific shares outside Japan dipped by 0.1%, while Japan’s Nikkei fluctuated between positive and negative territory, ultimately ending unchanged. Iron ore futures continued to rise on Wednesday, supported by China’s stronger-than-anticipated credit data, although concerns over increasing trade tensions as U.S. President-elect […]
The Trump Administration Is Considering A More Gradual Approach To Tariffs To Prevent Inflation From Spiking

The Trump Administration Is Considering A More Gradual Approach To Tariffs To Prevent Inflation From Spiking

Image Source: Pexels  At Tuesday’s close, the Dow Jones Index (US30) was up 0.52%. The S&P 500 Index (US500) added 0.11%. The Nasdaq Technology Index (US100) was down 0.13%. Yesterday, the overall market received support from a Bloomberg report that President-elect Trump’s economic team is considering a gradual increase in trade tariffs as part of a […]
Will AI Bring An “Intention Economy”?

Will AI Bring An “Intention Economy”?

Photo by Steve Johnson on Unsplash  Back in the 1971, Herbert Simon (Nobel ’78) published an essay on the “attention economy.” It famously noted that “a wealth of information creates a poverty of attention.” He offered insights about how economic organizations (and people) needed mechanisms to receive and process large amounts of information, and then pass only the relevant portion […]
Australian Dollar Gains, But Rate Uncertainty Limits Potential

Australian Dollar Gains, But Rate Uncertainty Limits Potential

Image Source: Unsplash  The AUD/USD pair climbed to 0.6192 midweek, reflecting cautious optimism in the market. Traders remain vigilant ahead of key December inflation data from the US, which could influence expectations regarding the Federal Reserve’s potential interest rate cuts in 2025. Earlier, the Australian dollar recovered some of its losses as the US dollar reacted […]
Elliott Wave Technical Analysis: Euro/U.S. Dollar – Wednesday, Jan. 15

Elliott Wave Technical Analysis: Euro/U.S. Dollar – Wednesday, Jan. 15

Euro/ U.S. Dollar (EURUSD) Day ChartEURUSD Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Navy Blue Wave 1 Position: Gray Wave 1 Direction (Next Lower Degrees): Navy Blue Wave 2 Details: Navy blue wave 1 of gray wave 1 as a new trend is in play. Wave Cancel Invalidation Level: 1.01773 The EURUSD currency pair currently shows a bullish trend, as identified by […]